Seems like once one bubble breaks (ie housing bubble), another few start growing. The US Treasury bonds are also sitting a massive bubble.

Do y’all think there might be a better use for excess capital than just dumping it into these paper bubbles? Seems most of our excess capital (investment dollars) just goes into bidding up the price of stock paper, gold, and oil. Is that a good thing?

depends, i guess. if you are investing and you get in/out at the right time, it's a very good thing. if there are to many stupid investors, it's a bad thing...at least for them. if you are viewing the economy...or the market through the bubble (dotcoms) you are one of the stupid.

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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

I personally see a lot of people with college degrees that have no prospects for employment in the fields they chose. Perhaps they need better guidance on the majors they choose. And college is not for everyone. there are some who turn into professional students and never enter the work force. There is still a lot of money to be made by being a mechanic,electrician,brick mason or iron setter. The one thing about Apple is they actually are producing products people want.Another company that crawled out of the ashes when Steve Jobs returned to the company in the mid 90's . I think the stock price was well below 10 dollars at that time. The price now is 530 dollars.Now as far as CEO pays go,he was worth every dime for his visions. If Apples bubble bursts,it will more likely be from the loss of a visionary like Mr. Jobs. The profits are there for this company. It is not a stock price based solely on speculation.